Tax credit for children and qualifying dependents

How much are you eligible for?

Beginning in 2018, the child tax credit increases to $2,000 per qualifying dependent child age 16 or younger at the end of the calendar year. This is a huge benefit because a credit reduces your tax bill dollar-for-dollar! Also, up to $1,400 of the credit could create a refund if you have at least $2,500 of earned income. Once you earn more than $200,000 ($400,000 if married filing jointly), the credit decreases.

A qualifying child must be a U.S. citizen, U.S. national or resident alien. The child must be your son, daughter, stepson, stepdaughter, brother, sister, stepbrother, stepsister, grandchild, niece, nephew, adopted child or foster child. Also, don’t forget that you must provide at least half of the child’s support during the year and the child generally must have lived with you for at least half of the year. The child cannot file a joint return (or file it only to claim a refund) and you must provide a Social Security number for the child on your tax return.

New this year is a $500 nonrefundable credit, also known as the family credit, for qualifying non-child dependents and qualifying children aged 17, 18, or under 24 if a full-time student. A non-child dependent must be a close relative or live with you. Their taxable income must be less than $4,150 for the year, and you must provide over half of their support. The non-child dependent also must be a U.S. citizen, U.S. national or U.S. resident; however, the Social Security requirement does not apply, though you’ll still need a taxpayer identification number.

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From our clients

Elements Salon & Spa

"I heard about Janine and Gleason Tax Advisory from a dear friend who knew my struggles with my husband filing our own taxes. We were searching for friendly, fair pricing, easy to communicate with, and help organizing! I have to say Gleason Tax Advisory has been great with all of the above and we are very happy with our choice to go with them for our business needs. Thank you so much Janine & Bruce!"

Amber Dewey

5.0

2018-10-08T15:43:28-04:00

Amber Dewey

"I heard about Janine and Gleason Tax Advisory from a dear friend who knew my struggles with my husband filing our own taxes. We were searching for friendly, fair pricing, easy to communicate with, and help organizing! I have to say Gleason Tax Advisory has been great with all of the above and we are very happy with our choice to go with them for our business needs. Thank you so much Janine & Bruce!"

https://gleasontaxadvisory.com/testimonials/elements-salon-spa/

Apokolips Comics

Bruce has been a tremendous help in the formation of my business. He has counseled us on the intricacies of doing our taxes and how to manage inventory. He gave us recommendations on lenders and what types of lending would be beneficial to our business. He recommend an easy to use accounting software with mobile apps that help manage our expenses. We would have opened without Bruce's help it would have just been a lot more difficult and confusing."

Sam Fitch

5.0

2018-10-08T16:15:23-04:00

Sam Fitch

Bruce has been a tremendous help in the formation of my business. He has counseled us on the intricacies of doing our taxes and how to manage inventory. He gave us recommendations on lenders and what types of lending would be beneficial to our business. He recommend an easy to use accounting software with mobile apps that help manage our expenses. We would have opened without Bruce's help it would have just been a lot more difficult and confusing."

https://gleasontaxadvisory.com/testimonials/apokolips-comics/

Tactical Tree Solutions

The guys at Tactical Tree Solutions better known as the Tree Guys would like to take time to recognize Gleason Tax Advisory. The tree guys choose Gleason Tax Advisory for the personal experience that's offered. We've been to other tax services over the years and have always been a number on a folder. Bruce with Gleason Tax Advisory provided that personable and comfortable that everyone is looking for when it comes to doing taxes. Let's face it! It's not the most pleasurable endeavor filling taxes but, at Gleason Tax Advisory you're a person. A person with a name and a story. You're not just the next client in line. Between the comfortable atmosphere the office provides and great conversation with the staff it become a fun journey. Not only is it enjoyable but you know you're cared for and it's done right. Just like in our line of work, there's the other guys and then there's the tree guys. When it comes to taxes and business consultation there's other options or there's the right and personable option. Gleason Tax Advisory. Thank you Bruce for the quality work, advise, and great times!!!

Tactical Tree Service

5.0

2018-10-08T16:13:08-04:00

Tactical Tree Service

The guys at Tactical Tree Solutions better known as the Tree Guys would like to take time to recognize Gleason Tax Advisory. The tree guys choose Gleason Tax Advisory for the personal experience that's offered. We've been to other tax services over the years and have always been a number on a folder. Bruce with Gleason Tax Advisory provided that personable and comfortable that everyone is looking for when it comes to doing taxes. Let's face it! It's not the most pleasurable endeavor filling taxes but, at Gleason Tax Advisory you're a person. A person with a name and a story. You're not just the next client in line. Between the comfortable atmosphere the office provides and great conversation with the staff it become a fun journey. Not only is it enjoyable but you know you're cared for and it's done right. Just like in our line of work, there's the other guys and then there's the tree guys. When it comes to taxes and business consultation there's other options or there's the right and personable option. Gleason Tax Advisory. Thank you Bruce for the quality work, advise, and great times!!!

https://gleasontaxadvisory.com/testimonials/tactical-tree-solutions/

Robert & Linda Kelly

"It was great to schedule an appointment online. Our appointment with Bruce was very professional but cordial as well. Our taxes were done in a snap right before our eyes. Highly recommend their services!"

Robert & Linda Kelly

5.0

2018-10-08T12:14:06-04:00

Robert & Linda Kelly

"It was great to schedule an appointment online. Our appointment with Bruce was very professional but cordial as well. Our taxes were done in a snap right before our eyes. Highly recommend their services!"

https://gleasontaxadvisory.com/testimonials/robert-linda-kelly/

Aireserv

Now more than ever do we understand the vital role a company like Gleason Tax Advisory plays in the success of AireServ. Bruce and Janine provide bookkeeping, consulting, tax planning, and tax prep for our business which allows us to focus on what we should... taking care of our customers. The work that Janine and Bruce provide for our company is formatted to our particular business and its' daily operation. We in a sense have a professional financial team behind us every day. As a business owner, maybe a word of advice to myself in those startup days " You don't even know what you don't know" Secure a team to help you with the parts of business you will never understand. Gleason Tax Advisory makes business easy.

The Goldbergs

5.0

2018-10-08T16:17:27-04:00

The Goldbergs

Now more than ever do we understand the vital role a company like Gleason Tax Advisory plays in the success of AireServ. Bruce and Janine provide bookkeeping, consulting, tax planning, and tax prep for our business which allows us to focus on what we should... taking care of our customers. The work that Janine and Bruce provide for our company is formatted to our particular business and its' daily operation. We in a sense have a professional financial team behind us every day. As a business owner, maybe a word of advice to myself in those startup days " You don't even know what you don't know" Secure a team to help you with the parts of business you will never understand. Gleason Tax Advisory makes business easy.

https://gleasontaxadvisory.com/testimonials/aireserv/

5th Street Sunoco

“Janine and Bruce are always a pleasure to deal with. They both go out of their way to take care of us! They are very accommodating.”

Daniel Nocero, Jr.

5.0

2018-10-08T15:49:31-04:00

Daniel Nocero, Jr.

“Janine and Bruce are always a pleasure to deal with. They both go out of their way to take care of us! They are very accommodating.”

https://gleasontaxadvisory.com/testimonials/5th-street-sunoco/

Prime Time DJ Service

“Whether you have a quick two-minute question or need a full business plan, Bruce and Janine are the people to go see. Taking over a business at my age is a daunting task, but Bruce and Janine have helped walk me through the process while always keeping me on track. From one small business owner to another, I greatly appreciate everything they do for our family and would not hesitate to recommend them.”

“Whether you have a quick two-minute question or need a full business plan, Bruce and Janine are the people to go see. Taking over a business at my age is a daunting task, but Bruce and Janine have helped walk me through the process while always keeping me on track. From one small business owner to another, I greatly appreciate everything they do for our family and would not hesitate to recommend them.”

https://gleasontaxadvisory.com/testimonials/prime-time-dj-service/

Darlene Brace

"All the employees were very knowledgeable and very friendly and easy to talk to. I felt very comfortable there. Also, it's a lot cheaper from where I was going before."

Darlene Brace

5.0

2018-10-08T12:37:17-04:00

Darlene Brace

"All the employees were very knowledgeable and very friendly and easy to talk to. I felt very comfortable there. Also, it's a lot cheaper from where I was going before."

https://gleasontaxadvisory.com/testimonials/darlene-brace/

Cuts fur Mutts

I have been grooming dogs for 18 years. I recently made a few changes in my career and was in need of some assistance regarding taxes, retirement, etc. Bruce was recommended to me, so I made an appointment to talk with him, I found him very easy to talk to and liked the manner in which he explained the answers to all my questions. I have been with Bruce for a few years now and he is always glad to lend a hand whenever I need him. I was glad to see Janine come aboard as well, she is a great asset to the office, always helpful and smiling. I cannot say enough about Gleason Tax Advisory, so glad I found them!!"

Nicole Holt

5.0

2018-10-08T15:53:17-04:00

Nicole Holt

I have been grooming dogs for 18 years. I recently made a few changes in my career and was in need of some assistance regarding taxes, retirement, etc. Bruce was recommended to me, so I made an appointment to talk with him, I found him very easy to talk to and liked the manner in which he explained the answers to all my questions. I have been with Bruce for a few years now and he is always glad to lend a hand whenever I need him. I was glad to see Janine come aboard as well, she is a great asset to the office, always helpful and smiling. I cannot say enough about Gleason Tax Advisory, so glad I found them!!"

https://gleasontaxadvisory.com/testimonials/cuts-fur-mutts/

Joel Marsh Productions

Bruce and everyone at Gleason Tax Advisory are awesome! Not only do they know their stuff when it comes to taxes, they're also great at business advising and just all the little things that individuals need to know about financial planning for their lives. Very friendly and accessible. Always willing to sit down and just chat about life or whatever. I highly recommend them."

Joel Marsh

5.0

2018-10-08T16:08:54-04:00

Joel Marsh

Bruce and everyone at Gleason Tax Advisory are awesome! Not only do they know their stuff when it comes to taxes, they're also great at business advising and just all the little things that individuals need to know about financial planning for their lives. Very friendly and accessible. Always willing to sit down and just chat about life or whatever. I highly recommend them."

https://gleasontaxadvisory.com/testimonials/joel-marsh-productions/

Douglas and Christine Kibbe

"Bruce was very friendly, helpful, and professional. He was able to get us a refund when we thought there was little chance of that happening."

Douglas and Christine Kibbe

5.0

2018-10-08T15:31:32-04:00

Douglas and Christine Kibbe

"Bruce was very friendly, helpful, and professional. He was able to get us a refund when we thought there was little chance of that happening."

Rob Sigler Photography

When my business partner (who was himself a CPA) passed away, I was lost trying to handle my business alone. Bruce literally walked in the door and said, "What can I do to help?" Not only is he now a great friend, but also an integral part of my business. I could not run my business without Bruce. I'm a "creative," and I know nothing about tax laws, book keeping, nor money management. Bruce has helped me every step of the way!"

When my business partner (who was himself a CPA) passed away, I was lost trying to handle my business alone. Bruce literally walked in the door and said, "What can I do to help?" Not only is he now a great friend, but also an integral part of my business. I could not run my business without Bruce. I'm a "creative," and I know nothing about tax laws, book keeping, nor money management. Bruce has helped me every step of the way!"

https://gleasontaxadvisory.com/testimonials/rob-sigler-photography/

Abbey Landscaping

“I met Bruce about a year and a half ago as I was beginning to really lay the groundwork for starting my own landscaping business. Like many new business owners, I was familiar with the trade, but not the bookkeeping and tax side of running a business. Gleason Tax Advisory has really helped me in figuring out what I need to be keeping track of as well as suggesting various methods to keep track of those things. They have been easy to work with, helpful, and prompt in responding to all of the questions that I have had. It’s good to know that I can turn to Gleason Tax Advisory as my business grows and new challenges come up.”

Mark Abbey - Owner

5.0

2018-10-08T16:06:59-04:00

Mark Abbey - Owner

“I met Bruce about a year and a half ago as I was beginning to really lay the groundwork for starting my own landscaping business. Like many new business owners, I was familiar with the trade, but not the bookkeeping and tax side of running a business. Gleason Tax Advisory has really helped me in figuring out what I need to be keeping track of as well as suggesting various methods to keep track of those things. They have been easy to work with, helpful, and prompt in responding to all of the questions that I have had. It’s good to know that I can turn to Gleason Tax Advisory as my business grows and new challenges come up.”

https://gleasontaxadvisory.com/testimonials/abbey-landscaping/

Walter Church and Diane Allison

"Prompt, efficient, and courteous service. Offered other services as well such as help with obtaining health care, and assistance with social security advice."

Walter Church and Diane Allison

5.0

2018-10-08T15:30:29-04:00

Walter Church and Diane Allison

"Prompt, efficient, and courteous service. Offered other services as well such as help with obtaining health care, and assistance with social security advice."

Barbara Klein, owner

“Thank you Gleason Tax Advisory for helping me get started as I had little clue to what I was getting into. Bruce and Janine set me all up in no time. Any time I need help, they are always ready with the answers I need. Thank you!”

Barbara Klein, owner

5.0

2018-10-08T13:54:05-04:00

Barbara Klein, owner

“Thank you Gleason Tax Advisory for helping me get started as I had little clue to what I was getting into. Bruce and Janine set me all up in no time. Any time I need help, they are always ready with the answers I need. Thank you!”

https://gleasontaxadvisory.com/testimonials/barbara-klein-owner/

Robert G Carlson

"Great people, very knowledgeable and helpful."

Robert G Carlson

2018-10-08T15:37:48-04:00

Robert G Carlson

"Great people, very knowledgeable and helpful."

https://gleasontaxadvisory.com/testimonials/robert-g-carlson/

Tanner’s Garage

Bruce and Janine have been wonderful to us since they went into business. Bruce is very knowledgeable and has always been able to answer any questions we have had. I know when Bruce and Janine take care of our business taxes and other financial needs, everything is done correctly and timely and it truly does give us “peace of mind” that they are there for us if we ever have any issues. Our employees love their payroll service, they like the emailed pay stubs and the prompt transfer of paycheck to their account. Overall, Bruce and Janine are fantastic and we will continue using them for many more years.

Michael Unger - owner

5.0

2018-10-08T15:39:17-04:00

Michael Unger - owner

Bruce and Janine have been wonderful to us since they went into business. Bruce is very knowledgeable and has always been able to answer any questions we have had. I know when Bruce and Janine take care of our business taxes and other financial needs, everything is done correctly and timely and it truly does give us “peace of mind” that they are there for us if we ever have any issues. Our employees love their payroll service, they like the emailed pay stubs and the prompt transfer of paycheck to their account. Overall, Bruce and Janine are fantastic and we will continue using them for many more years.

https://gleasontaxadvisory.com/testimonials/tanners-garage/

The Lemon Tree

"I have had a great experience working with Janine and Bruce. While opening The Lemon Tree from out of state, I really needed their knowledge base for both state and federal laws. Their guidance has been essential to the success of my company. I would highly recommend them to anyone who would want a more intimate approach that is tailored to your needs. Thank you to Janine and Bruce for your patience and guidance every step of the way.”

"I have had a great experience working with Janine and Bruce. While opening The Lemon Tree from out of state, I really needed their knowledge base for both state and federal laws. Their guidance has been essential to the success of my company. I would highly recommend them to anyone who would want a more intimate approach that is tailored to your needs. Thank you to Janine and Bruce for your patience and guidance every step of the way.”

https://gleasontaxadvisory.com/testimonials/the-lemon-tree/

Peter and Julie Hatch Jr

"Friendly, reliable people to work with!"

Peter & Julie Hatch, Jr

5.0

2018-10-08T12:35:12-04:00

Peter & Julie Hatch, Jr

"Friendly, reliable people to work with!"

https://gleasontaxadvisory.com/testimonials/peter-and-julie-hatch-jr/

Southern Tier Optometry

“We have been using Gleason Tax Advisory's payroll services for over a year and have been very satisfied. And they are now helping us to revamp our entire office accounting system. Bruce and Janine are very professional, knowledgeable and easy-going.”

Dr. Gibbs

5.0

2018-10-08T15:45:42-04:00

Dr. Gibbs

“We have been using Gleason Tax Advisory's payroll services for over a year and have been very satisfied. And they are now helping us to revamp our entire office accounting system. Bruce and Janine are very professional, knowledgeable and easy-going.”

https://gleasontaxadvisory.com/testimonials/southern-tier-optometry/

Glenn and Sarah Fisher

"Bruce has been doing my taxes for the past 4-5 years and seems to know the tax laws really well."

Glenn and Sarah Fisher

5.0

2018-10-08T15:31:57-04:00

Glenn and Sarah Fisher

"Bruce has been doing my taxes for the past 4-5 years and seems to know the tax laws really well."

https://gleasontaxadvisory.com/testimonials/glenn-and-sarah-fisher/

Mazany Contract Interiors

"We have chosen Gleason Tax Advisory for all our accounting and payroll needs and are very happy with the service and attention we get from Bruce and Janine. They are always ready to help with whatever comes along. We always feel that we have Bruce’s undivided attention when we meet with him. Janine always gives a personal touch with the payroll service and reminders."

Ron and Monica Mazany

5.0

2018-10-08T15:41:36-04:00

Ron and Monica Mazany

"We have chosen Gleason Tax Advisory for all our accounting and payroll needs and are very happy with the service and attention we get from Bruce and Janine. They are always ready to help with whatever comes along. We always feel that we have Bruce’s undivided attention when we meet with him. Janine always gives a personal touch with the payroll service and reminders."

Julia Eppehimer

"Bruce has done my taxes and been my advisor for the past three years. I will continue to go to him because he is friendly and knowledgable, always explains everything to me in detail, and does the absolute best he can to get me the best refund."

Julia Eppehimer

5.0

2018-10-08T15:32:40-04:00

Julia Eppehimer

"Bruce has done my taxes and been my advisor for the past three years. I will continue to go to him because he is friendly and knowledgable, always explains everything to me in detail, and does the absolute best he can to get me the best refund."

https://gleasontaxadvisory.com/testimonials/julia-eppehimer/

Loomis Landscaping

Gleason Tax Advisory has been a huge asset to myself and Loomis Landscaping. This is my peak season and the payroll service they offer is incredible. I didn’t realize the time I’m saving on weekly payroll and quarterly payroll taxes until now. I highly recommend!"

Gleason Tax Advisory has been a huge asset to myself and Loomis Landscaping. This is my peak season and the payroll service they offer is incredible. I didn’t realize the time I’m saving on weekly payroll and quarterly payroll taxes until now. I highly recommend!"

https://gleasontaxadvisory.com/testimonials/loomis-landscaping/

Calvin & Sharon Cederquist

"They were very personable and the job was complete and professional."

Calvin & Sharon Cederquist

5.0

2018-10-08T12:40:38-04:00

Calvin & Sharon Cederquist

"They were very personable and the job was complete and professional."

https://gleasontaxadvisory.com/testimonials/calvin-sharon-cederquist/

Millennium Mason Contracting

"Gleason Tax Advisory has been a one stop shop for our tax, payroll and business advisory needs. Bruce and Janine have been extremely helpful making our job easier and allowing us to focus on what we do best. We can’t thank them enough for all they do.”

Millennium Mason Contracting

5.0

2018-10-08T12:28:14-04:00

Millennium Mason Contracting

"Gleason Tax Advisory has been a one stop shop for our tax, payroll and business advisory needs. Bruce and Janine have been extremely helpful making our job easier and allowing us to focus on what we do best. We can’t thank them enough for all they do.”

Alliance Advisory Group

“We have been very pleased in partnering with Gleason Tax Advisory for their payroll services. Setting up a payroll system with them was effortless and straightforward. Bruce and Janine are always an email or phone call away and they respond quickly with answers and qualified help.”

Alliance Advisory Group

5.0

2018-10-08T15:47:35-04:00

Alliance Advisory Group

“We have been very pleased in partnering with Gleason Tax Advisory for their payroll services. Setting up a payroll system with them was effortless and straightforward. Bruce and Janine are always an email or phone call away and they respond quickly with answers and qualified help.”

https://gleasontaxadvisory.com/testimonials/alliance-advisory-group/

Chautauqua Wearhouse

In January of 2017, I took the shop over from Pat and had to do all of the required steps to establish the LLC, paperwork for NYS, payroll, etc. Through the guidance and support of Gleason Tax Advisory, I was able to plan ahead in fall of 2016 to be sure that when I took the shop over, the transition would go smoothly. Through Bruce and Janine, I am able to be present and available to my customers and not have to worry about the bookkeeping, accounting, payroll and taxes. I can have the peace of mind that Gleason Tax Advisory is watching out for me and taking care of things behind the scenes so that I can operate a successful business. I never have to worry that I’m missing something or that at the end of the year, I’ll have to scramble to figure things out. We keep on track and can project out what my needs will be.

I can’t say enough great things about Bruce and Janine, you are safe in their hands!"

Ruth Nelson, Chautauqua Wearhouse

5.0

2018-10-08T15:58:24-04:00

Ruth Nelson, Chautauqua Wearhouse

In January of 2017, I took the shop over from Pat and had to do all of the required steps to establish the LLC, paperwork for NYS, payroll, etc. Through the guidance and support of Gleason Tax Advisory, I was able to plan ahead in fall of 2016 to be sure that when I took the shop over, the transition would go smoothly. Through Bruce and Janine, I am able to be present and available to my customers and not have to worry about the bookkeeping, accounting, payroll and taxes. I can have the peace of mind that Gleason Tax Advisory is watching out for me and taking care of things behind the scenes so that I can operate a successful business. I never have to worry that I’m missing something or that at the end of the year, I’ll have to scramble to figure things out. We keep on track and can project out what my needs will be. I can’t say enough great things about Bruce and Janine, you are safe in their hands!"

https://gleasontaxadvisory.com/testimonials/chautauqua-wearhouse/

Pat’s at Chautauqua

The reason that I switched to Gleason Tax Advisory is very simple. Just, let me say that I was with my previous advisor for over 25 years ( I don’t tend to change easily). Whereas before I would get a tax estimate and advice in December, Bruce started much earlier. First we would discuss my plans in the Spring. Then again in mid-Summer and Fall we would strategize how best to make choices to legitimately pay the least amount of taxes. Finally, we would review our ideas in December. This course of action has given me the peace of mind that I’ve made the best preparations possible.

Patricia Finson

5.0

2018-10-08T16:01:59-04:00

Patricia Finson

The reason that I switched to Gleason Tax Advisory is very simple. Just, let me say that I was with my previous advisor for over 25 years ( I don’t tend to change easily). Whereas before I would get a tax estimate and advice in December, Bruce started much earlier. First we would discuss my plans in the Spring. Then again in mid-Summer and Fall we would strategize how best to make choices to legitimately pay the least amount of taxes. Finally, we would review our ideas in December. This course of action has given me the peace of mind that I’ve made the best preparations possible.

https://gleasontaxadvisory.com/testimonials/pats-at-chautauqua/

Tyler and Elyse Henshaw

"The people are very friendly and easy to talk with and ask questions"

Tyler and Elyse Henshaw

5.0

2018-10-08T15:29:20-04:00

Tyler and Elyse Henshaw

"The people are very friendly and easy to talk with and ask questions"